Fisher & Paykel Reports Strong Financial Growth

Fisher & Paykel Healthcare Corporation Limited (FSPKF) has released an update.

Fisher & Paykel Healthcare Corporation Limited reported a successful fiscal year with a 10% increase in operating revenue to $1.74 billion and an underlying net profit after tax of $264.4 million, excluding abnormal items. Growth was driven by a return to pre-COVID demand patterns, record homecare product sales, and new product launches. The company is also making strides toward its long-term margin goals, with improvements in gross margin driven by lower freight costs and manufacturing efficiencies.

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